Forex Training
Forex Training
The foreign exchange market is the virtual location where global currencies are traded. Though the total volume ebbs and flows, the Bank for International Settlements reported that the forex market trades in excess of $4.9 trillion U.S. per day. This makes it the largest electronic market, essentially dwarfing the stock market.
What is Currency Trading?
Trading currencies is the act of making predictions based on minuscule variations in the global economy and buying and selling accordingly. The exchange rate between two currencies is the rate at which one currency will be exchanged for another. Forex traders use available data to analyze currencies and countries like you would companies, thereby using economic forecasts to gain an idea of the currency's true value.
The Benefits of Forex Trading
Unlike stocks, forex trades have low, if any, commissions and fees. Even so, new forex traders are always advised to take a conservative approach and use orders, like stop-loss, to minimize losses. High leverage, which should be prudently applied, gives traders the opportunity to achieve dramatic results with far less capital than necessary for other markets. Forex trading requires training and strategy, but can be a profitable field for individuals looking for a lower risk endeavor. Learning currency trading gives traders a range of exciting new opportunities to invest in.
- How to analyze the global market and choose the right currency pairs for your trading objectives.
- Learn to track and capitalize on market moves even if you don't have access to complete research on underlying market conditions.
- Understand the difference between Forex and equities trading and how to use both in harmony.
Basic Training
- 1. About the Trading, Fundamentals of Trading, What is Forex, What is traded in forex
- 2. Major Currencies, Buy and Sell Currency pair, Major and minor Currency pair
- 3. Different way to trade forex, How to make money Trading Forex
- 4. How to place Orders, Order Types, fix the Target and Stop Loss.
- 5. Meta Trader 4 &5 Installation, How to read Chart and Training Session
Moderate Level
- 1. Basic Taring Plus Market Hours, Market Structure, Broker Types.
- 2. Advantages and Disadvantages of Forex Trading, Types of Market Analysis.
- 3. Technical, Fundamental and Sentiment Analysis with Examples.
- 4. Chart Patterns, Candlestick Patterns , Support and Resistance, Fibonacci.
- 5. Indicators, Indicators Based Strategies and Training Sessions.
Advance Level
- 1. Basic, Moderate Levels Plus Money Management, Risk & Rewards.
- 2. Advance Technical, Fundamentals and sentimental Analysis. News Based Trading.
- 3. Different types of Profitable Strategies, How to create own strategies
- 4. How to control Emotional Trade, About Expert Advisor (EA) or Robotics trading,
- 5. Demo and Live Trade training and Life time support.